1% Mortgages Next NAIL IN THE COFFIN For Housing Market

Zillow has become the latest company to start offering qualifying homebuyers 1% down mortgages. Now they are joining the club with Rocket Mortgage and United Wholesale Mortgage. All these low income folks getting low downpayment mortgages, what could go wrong! We know how well this turned out from the housing crash of 2008, but "this time it's different."

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Articles Mentioned in the Video
https://www.cnn.com/2023/08/25/homes/zillow-low-down-payment-loan/index.html
https://apple.news/AtRwyTFirRGu3knhlkBcuJg
https://www.zerohedge.com/personal-finance/problem-isnt-housing-shortage-its-concentration-ownership-wealthy
https://www.floridarealtors.org/news-media/news-articles/2023/08/renters-need-flood-insurance-too
https://finance.yahoo.com/news/lyft-sliced-office-space-half-184650020.html

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